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USIMED: what changed

Two fiscal years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.

What changed

USIMED

BE 0477.354.420
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
-€20,013
2023 · -€21,660+€1,647
Equity
€309,849
2023 · €329,862-€20,013
Cash
€48,268
2023 · €25,914+€22,353
Balance sheet total
€324,510
2023 · €330,032-€5,522

Largest movements

2023 to 2024
Assets
  • Current investments -€48,961

    down €48,961 (-17.9%), from €273,321 to €224,359

  • Tangible fixed assets +€23,472

    up €23,472 (+170.7%), from €13,750 to €37,222

    of which Furniture and vehicles: +€22,838

  • Cash +€22,353

    up €22,353 (+86.3%), from €25,914 to €48,268

    mainly Current investments (+€48,961) and Other debts (+€14,661)

Equity and liabilities
  • Reserves -€20,013

    down €20,013 (-6.3%), from €317,462 to €297,449

    of which Distributable reserves: -€20,013

  • Other debts +€14,661

    new in 2024: €14,661

Income statement
  • Gross operating margin +€14,561

    up €14,561 (+21.9%), from €66,634 to €81,196

  • Financial charges +€9,595

    up €9,595 (+11.9%), from €80,772 to €90,367

  • Depreciation +€5,875

    up €5,875 (+118.0%), from €4,979 to €10,855

  • Taxes -€1,358

    down €1,358, from €849 to -€509

From the 2023 result to the 2024 result

effect on the result

Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.

Result 2023 -€21,660
Gross operating margin +€14,561
Depreciation -€5,875
Other operating charges +€393
Financial income +€804
Financial charges -€9,595
Taxes +€1,358
Result 2024 -€20,013

Cash bridge derived

cash 2023 to 2024

Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.

From operations +€7,719
Investment +€14,634
Financing €0
Cash 2023 €25,914
Net result for the year -€20,013
Depreciation +€10,855
Receivables within one year +€2,386
Trade debts -€170
Other debts +€14,661
Investment in fixed assets (net) -€34,327
Current investments +€48,961
Cash 2024 €48,268
Every line side by side 35 lines
Line Code 2023 2024 Change %
Total assets 20/58 €330,032 €324,510 -€5,522 -1.7%
Fixed assets 21/28 €13,750 €37,222 +€23,472 +170.7%
Intangible fixed assets 21 €0 €0 =
Tangible fixed assets 22/27 €13,750 €37,222 +€23,472 +170.7%
Plant, machinery and equipment 23 €0 €634 +€634
Furniture and vehicles 24 €13,750 €36,588 +€22,838 +166.1%
Current assets 29/58 €316,282 €287,287 -€28,994 -9.2%
Amounts receivable within one year 40/41 €17,047 €14,660 -€2,386 -14.0%
Other amounts receivable 41 €17,047 €14,660 -€2,386 -14.0%
Current investments 50/53 €273,321 €224,359 -€48,961 -17.9%
Cash at bank and in hand 54/58 €25,914 €48,268 +€22,353 +86.3%
Total equity and liabilities 10/49 €330,032 €324,510 -€5,522 -1.7%
Equity 10/15 €329,862 €309,849 -€20,013 -6.1%
Contributions 10/11 €12,400 €12,400 = 0.0%
Reserves 13 €317,462 €297,449 -€20,013 -6.3%
Non-distributable reserves 130/1 €1,860 €1,860 = 0.0%
Reserves not available under the articles 1311 €1,860 €1,860 = 0.0%
Distributable reserves 133 €315,602 €295,589 -€20,013 -6.3%
Amounts payable 17/49 €170 €14,661 +€14,491 +8515.5%
Amounts payable within one year 42/48 €170 €14,661 +€14,491 +8515.5%
Trade debts 44 €170 - -€170
Suppliers 440/4 €170 - -€170
Other amounts payable 47/48 - €14,661 +€14,661
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €4,979 €10,855 +€5,875 +118.0%
Other operating charges 640/8 €2,181 €1,789 -€393 -18.0%
Gross operating margin 9900 €66,634 €81,196 +€14,561 +21.9%
Operating profit (loss) 9901 €59,474 €68,553 +€9,079 +15.3%
Financial income 75/76B €488 €1,292 +€804 +164.8%
Recurring financial income 75 €488 €1,292 +€804 +164.8%
Financial charges 65/66B €80,772 €90,367 +€9,595 +11.9%
Recurring financial charges 65 €80,772 €90,367 +€9,595 +11.9%
Profit (loss) for the period before taxes 9903 -€20,811 -€20,522 +€288 +1.4%
Income taxes 67/77 €849 -€509 -€1,358
Profit (loss) for the period 9904 -€21,660 -€20,013 +€1,647 +7.6%
Profit (loss) for the period to be appropriated 9905 -€21,660 -€20,013 +€1,647 +7.6%

Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.